Atwood & Palmer Inc. Buys 56,545 Shares of American Express Company $AXP

Atwood & Palmer Inc. increased its stake in shares of American Express Company (NYSE:AXP) by 245,847.8% during the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 56,568 shares of the payment services company’s stock after acquiring an additional 56,545 shares during the period. Atwood & Palmer Inc.’s holdings in American Express were worth $17,202,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. BlackRock Inc. bought a new stake in shares of American Express in the second quarter valued at about $14,208,662,000. State Street Corp grew its holdings in shares of American Express by 40.2% during the second quarter. State Street Corp now owns 40,967,262 shares of the payment services company’s stock worth $13,857,176,000 after buying an additional 11,739,541 shares in the last quarter. Corient Private Wealth LP bought a new position in shares of American Express during the second quarter worth about $253,945,000. Bank of New York Mellon Corp acquired a new stake in American Express in the 2nd quarter valued at approximately $1,263,787,000. Finally, Legal & General Group Plc acquired a new stake in American Express in the 2nd quarter valued at approximately $1,138,054,000. Institutional investors and hedge funds own 84.33% of the company’s stock.

Analyst Ratings Changes

AXP has been the subject of a number of recent research reports. BMO Capital Markets assumed coverage on American Express in a research report on Thursday. They set an “outperform” rating and a $380.00 price target for the company. UBS Group lowered their price objective on shares of American Express from $384.00 to $345.00 and set a “neutral” rating on the stock in a report on Monday. JPMorgan Chase & Co. raised shares of American Express from a “neutral” rating to an “overweight” rating and boosted their price objective for the stock from $328.00 to $400.00 in a research report on Monday, July 13th. Morgan Stanley reduced their target price on shares of American Express from $385.00 to $382.00 and set an “equal weight” rating for the company in a report on Monday, July 27th. Finally, Jefferies Financial Group raised shares of American Express from a “hold” rating to a “buy” rating in a research report on Monday, July 13th. One research analyst has rated the stock with a Strong Buy rating, thirteen have issued a Buy rating, sixteen have assigned a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat.com, the company has an average rating of “Hold” and a consensus target price of $365.07.

American Express Stock Up 1.2%

AXP stock traded up $3.60 during mid-day trading on Thursday, reaching $307.85. The company had a trading volume of 5,293,900 shares, compared to its average volume of 3,251,503. The company has a debt-to-equity ratio of 1.66, a current ratio of 1.55 and a quick ratio of 1.54. The stock has a 50 day simple moving average of $325.66 and a two-hundred day simple moving average of $324.90. The company has a market capitalization of $207.90 billion, a price-to-earnings ratio of 18.68, a PEG ratio of 1.31 and a beta of 1.08. American Express Company has a 52 week low of $290.97 and a 52 week high of $387.49.

American Express (NYSE:AXP) last posted its quarterly earnings results on Friday, July 24th. The payment services company reported $4.53 earnings per share for the quarter, topping the consensus estimate of $4.41 by $0.12. American Express had a return on equity of 34.12% and a net margin of 15.07%.The firm had revenue of $14.99 billion for the quarter, compared to analyst estimates of $19.70 billion. During the same quarter in the previous year, the firm earned $4.08 EPS. The business’s quarterly revenue was up 10.0% on a year-over-year basis. American Express has set its FY 2026 guidance at 17.300-17.900 EPS. As a group, equities analysts predict that American Express Company will post 17.66 earnings per share for the current fiscal year.

American Express Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Tuesday, November 10th. Investors of record on Friday, October 9th will be issued a dividend of $0.95 per share. This represents a $3.80 dividend on an annualized basis and a yield of 1.2%. The ex-dividend date is Friday, October 9th. American Express’s payout ratio is presently 23.06%.

Key Stories Impacting American Express

Here are the key news stories impacting American Express this week:

• Positive Sentiment: American Express launched a Corporate Cashback platform combining new cards, expense-management software and AI-powered spending controls. Card acceptance has reached more than 190 million locations worldwide, potentially strengthening AXP’s appeal to corporate customers. American Express Rolls Out Corporate Cashback Platform
• Positive Sentiment: The company is positioning itself for agentic commerce by helping merchants prepare for consumers who use AI tools to compare and purchase products. Its proposed payment protections could help build trust and create a longer-term role for Amex in AI-enabled transactions. Amex advises businesses on AI
• Positive Sentiment: Demand for premium card benefits remains visible through the planned expansion of the Newark Centurion Lounge, which is being enlarged before opening to accommodate strong expected traffic. This supports AXP’s premium-brand strategy, though it also implies higher investment. Amex Supersizes Newark Airport Centurion Lounge
• Neutral Sentiment: AXP is trending on Zacks, increasing visibility among investors. The attention itself is not a fundamental catalyst, so investors are likely to focus on valuation, consumer spending trends and upcoming results. American Express Is a Trending Stock
• Neutral Sentiment: Investors must own shares by October 9 to qualify for the November 10 dividend. The payout may support income-oriented demand, although the stock’s relatively modest yield limits its appeal for pure dividend investors. American Express Dividend Eligibility
• Negative Sentiment: Despite the recent strategic announcements, AXP trades below its key moving averages and well below its 12-month high, reflecting ongoing market caution. Its latest quarterly report showed an EPS beat and 10% year-over-year revenue growth, but investors still need evidence that growth can support the company’s 2026 EPS guidance of $17.30–$17.90.

American Express Profile

American Express Company (NYSE: AXP) is a global financial services company that provides payment, lending, travel and related products to consumers, small businesses and corporate customers. Its offerings include consumer and business charge and credit cards, payment solutions, commercial financing, deposit products and rewards programs.

American Express also operates a worldwide merchant network and provides businesses with payment acceptance services, transaction-processing capabilities and data-driven marketing solutions.